Widevine raises further $15m

Widevine, the cardless CAS vendor has raised another $15 million of development capital from Samsung Ventures and Liberty Global and a third corporation, each of which have become strategic shareholders in the company.

“Widevine will use the additional capital to support and grow our customer base, broaden our product portfolio and defend our intellectual property,” said Widevine CEO Brian Baker. “We are thrilled with the validation of our business, technology and markets provided by these industry leaders.”